TSS Inc. Reports Q1 2025 Revenue Surge of 523% to $99.0 Million, Net Income Rises to $3.0 Million, EPS Climbs to $0.12

Reuters
05-16
TSS Inc. Reports Q1 2025 Revenue Surge of 523% to $99.0 Million, Net Income Rises to $3.0 Million, EPS Climbs to $0.12

TSS Inc. has reported its first-quarter 2025 results, highlighting a significant 523% increase in revenue, which reached $99.0 million. Net income for the quarter rose to $3.0 million, a substantial improvement from $15,000 in the same period last year. The company's Procurement segment saw revenues jump 676% to $90.2 million, while Systems Integration revenues increased 253% to $7.5 million. However, Facilities Management revenues declined by 40% to $1.3 million. Gross profit experienced a 239% rise, totaling $9.2 million. TSS Inc. attributes this growth to strong performance in its Procurement and Systems Integration segments, including contributions from AI rack integration services. CEO Darryll Dewan emphasized the importance of the company's new facility, which began production on May 7 and is expected to be fully operational by June, allowing for significantly increased integration capacity. Looking forward, TSS anticipates further growth in AI rack integration services starting in the second quarter.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TSS Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001654954-25-005741), on May 15, 2025, and is solely responsible for the information contained therein.

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